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Styled by Pininfarina, the all-aluminium 360 Modena has been designed to represent the ultimate in performance, lightness and advanced engineering and is the result of four years intensive research and design. This 'small' Ferrari incorporates superb handling due to a revised suspension system, excellent interior space with an exceptionally refined cabin layout. Powered by a normally aspirated, 400 hp, 3.6-litre, 40-valve, 8-cylinder engine the 360 Modena was available with the second generation of the highly successful F1-type gearbox as well as the conventional six-speed manual transmission.

This car had a significant part to play in the Ferrari model mix and will sit alongside the Ferrari 550 Maranello, the Ferrari 456M and the Ferrari F355 Spider. Offered as a two-seater sports car, the Ferrari 360 Modena replaced the highly successful and internationally acclaimed Ferrari F355. This addition to the Ferrari range was expected to account for 65% of Ferrari's annual production of around 3500 cars. The Ferrari 360 Modena initially went on sale in some of Ferrari's 42 key markets in Spring 1999. The car was available throughout the international Ferrari sales network by the Summer.

Many of the technical features and the build processes to create the Ferrari 360 Modena are unique to Ferrari and this car promises to be one of the fastest and most powerful GT road cars ever to be produced at Maranello. Luca di Montezemolo, President of Ferrari SpA, said: "In the past six years, Ferrari has launched no less than 10 different models and variants. This is a fantastic achievement and reflects Ferrari's continual efforts to be at the leading edge of technology and engineering design. "The Ferrari 360 Modena again represents a major step forward for us. It incorporates all of the traditional elements of the Ferrari marque but sets new and significant standards for high performance cars. The Ferrari 360 Modena is one of the most technically advanced cars that we have ever produced.".